"A new brand of offsetting allows companies to call themselves "plastic-neutral" while continuing to use plastic themselves. What's it all about?"
"Plastic waste and microplastics are everywhere. On Mount Everest, in Arctic ice and the deepest ocean trenches, in the stomachs of animals, in our food, drinking water and even our blood. Such ubiquity is a reflection of how much plastic we make, which is now 200 times more than back in 1950. And so far, we have only managed to recycle around 9% of it.
Experts have long been warning that we can't recycle our way out of the global plastic crisis, but some companies and NGOs are now offering companies the chance to become "plastic neutral" by offsetting. It's a growing industry.
Companies looking to offset their plastic pay a fee to NGOs and companies in the plastic offset sector. This money is used to collect a corresponding amount of plastic either from the service providers themselves or from third-party providers in developing countries. In some cases the plastic is also recycled. "
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